BOSS Wallet data source, Ethereum ethereum price today, ETH Ethereum latest price broke through to $3107.29, an increase of 1.00%, transaction volume $34.628 billion
According to the candlestick chart analysis, it is now a downward trend. It is slightly higher than 21:00, slightly lower than 20:00, and lower than 17:00. When the price drops and the trading volume rises, it often means that the selling pressure is increasing and the sellers are actively selling.
This situation may be due to the market's pessimistic expectations for future prices, or the impact of negative news, triggering panic selling. Prices may continue to fall in the future due to high selling pressure and pessimistic market sentiment. Investors should pay attention to whether prices will fall below key support levels. If the support level is broken, it may trigger a larger decline.
Volume increases, sellers dominate, prices fall. Williams indicator shows that the current market is neither overbought nor oversold. Volume has increased recently, and the volume has increased compared to the previous few hours. Prices fall, and volume increases: selling pressure increases.

A rise of 1.0% may be a short-term rebound. We still need to wait and see and pay attention to the support level. We suggest you operate with caution.
The above content is for reference only and does not constitute investment advice.